Norwood Court, MO is a small town located in the Midwestern United States. Although it has a small population, it offers plenty of cultural and recreational activities to its residents. The two bedroom rent in Norwood Court, MO is $960 per month which is significantly lower than the US average of $1,430. Additionally, goods and services are relatively cheaper in Norwood Court with the grocery cost index being 91 compared to 100 in the US.
The town is home to many local companies such as Grand Canyon Services Inc., G & H Construction Company, and Norwood Variety Store. These businesses offer jobs for locals and help sustain the economy of Norwood Court. Furthermore, there are plenty of restaurants, cafes and even an art gallery for residents to enjoy their leisure time.
In conclusion, living in Norwood Court can be very affordable if you are looking for a place where you can affordably rent a two bedroom apartment or buy groceries at low cost. Moreover, you can find plenty of employment opportunities due to the presence of local businesses as well as entertainment venues throughout the city.
Norwood Court has an unemployment rate of 4.5%. The US average is 6.0%.
Norwood Court has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Norwood Court
- The Sales Tax Rate for Norwood Court is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Norwood Court is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Norwood Court
- The average income of a Norwood Court resident is $19,684 a year. The US average is $28,555 a year.
- The Median household income of a Norwood Court resident is $36,034 a year. The US average is $69,021 a year.